Newshttp://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/
Nord Pool Exchange informationhttp://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=3
The System Price calculation changes on the SwePol link<p>Nord Pool has been a service provider for TGE (Towarowa Giełda Energii SA), the power exchange based in Poland, since December 2010. Starting from a date yet to be confirmed (but tentatively during the fourth quarter of 2017), TGE will step out of the arrangements as Nord Pool’s serviced Power Exchange.</p>
<p>Starting from the agreed date, the flow calculated for the SwePol link in the area price calculation will be used as an input in the System Price calculation. As a result a separate flow at System Price will no longer be calculated for the SwePol link. This method of using the area price flow as an input into the System Price calculation already applies for the interconnections between the Nordic region and Germany and the Netherlands*.</p>
<p>*Baltic cable, Kontek cable, DK1-DE connections and NorNed.&nbsp;</p>
<p><strong>About Nord Pool</strong></p>
<p><span>Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /> <br /> Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn, London </span><span>and Berlin.</span></p>
<p>Lysaker, 25 September 2017</p>
<p><strong>For further information, please contact:<br /></strong>Nord Pool desk:&nbsp;+47 6710 9110 or&nbsp;<a href="mailto:dayahead@nordpoolgroup.com">dayahead@nordpoolgroup.com<br /></a>Stina Johansen,&nbsp;Communications Director, +47 916 50 603 (for press enquiries)</p>Mon, 25 Sep 2017 12:00:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=3
CEO Mikael Lundin Leaves Nord Pool<p>Nord Pool announced today that CEO Mikael Lundin has resigned after eight years with the company.&nbsp;Under Mikael Lundin’s leadership the company has developed from being the Nordic power exchange to become a strong European player.</p>
<p>Torger Lien, Chairman of the Board at Nord Pool, said: “The Board want to thank Mikael for his commitment and contribution to Nord Pool. He has navigated the company through changing and challenging times and expanded into many new markets. He leaves a strong and stable company with a robust financial position.”&nbsp;</p>
<p>CEO Mikael Lundin stated: “After eight years of leading Nord Pool I am proud of what we have accomplished together. Working closely with our customers to understand the challenges that they face, combined with the market expertise of our specialist teams, has given us the opportunity to grow while delivering great products and services. From having pioneered the concept of market coupling and cross-border services in the Nordics, Nord Pool has, during recent years, been at the forefront of discussions around market integration for Europe. I trust that the Nord Pool team will continue to bring their knowledge and expertise to a wide variety of European markets”.</p>
<p>The Board has appointed Erling Thiis, CFO of Nord Pool, as acting CEO until a permanent CEO is recruited.&nbsp;</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 13 September 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen,&nbsp;Communications Director, +47 916 50 603 (for press enquiries)</p>Wed, 13 Sep 2017 16:40:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=3
Camilla is an ACER Expert<p>Camilla Berg, General Counsel at Nord Pool, Europe’s leading power market, has been appointed a member of the new ACER (Agency for the Cooperation of Energy Regulators) consultative Expert Group on wholesale energy market trading.</p>
<p>Camilla is one of just 10 members chosen from across the international energy sector to participate in the newly formed Expert Group, the role of which is to provide advice on REMIT (Regulation of Wholesale Energy Market Integrity Transparency), including on insider information disclosure compliance, as well as other EU regulations impacting on energy trading and market function.</p>
<p>Commenting on her appointment, Camilla said: “At Nord Pool we take REMIT compliance extremely seriously, dedicating a great deal of time and expertise to ensuring transparent functioning across our markets. I am looking forward to bringing that experience to this new ACER Expert Group.”</p>
<p>Previously at respected Oslo law firm Selmer DA, Camilla has been with Nord Pool for eight years, during which she has overseen the firm’s dedicated Market Surveillance team.&nbsp;</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 11 September 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Camilla Berg, General Counsel: <a href="mailto:camilla.berg@nordpoolgroup.com">camilla.berg@nordpoolgroup.com</a><br />Stina Johansen,&nbsp;Communications Director, +47 916 50 603 (for press enquiries)</p>Mon, 11 Sep 2017 11:40:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=2
Nord Pool launches new GB Auction<p>Nord Pool, Europe’s leading power market, has successfully launched a new GB Half Hourly Day Ahead Auction.</p>
<p>The Nord Pool GB Half Hourly Day Ahead Auction, which went live last week, has been developed in response to direct requests from the company’s many UK customers, and gives members trading with Nord Pool the opportunity to reoptimise their positions in the market.&nbsp;</p>
<p>In addition to half hourly products, the new auction offers both regular and profile block functionality, with matched contracts delivering the following day. It runs daily at 14:30 UK local time including weekends and bank holidays.&nbsp;</p>
<p>Welcoming the successful launch, Richard Sarti, Nord Pool Director UK &amp; Ireland, said: “The continued development of Nord Pool’s products and services is a result of our working closely with our customers to understand the challenges that they face on a day-to-day basis. This launch is another example of how we have listened and worked with customers to provide new services. From the start, we have seen good engagement from a wide range of customers and we welcome increased interest and volume in this auction, going forward.”</p>
<p>The new auction is based on Nord Pool’s existing successful day-ahead platform. There are no additional fixed fees to access the new market, while members’ existing collateral is used to net across intraday, day-ahead and the new auction.</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 23 August 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen,&nbsp;Communications Director, Nord Pool, +47 916 50 603 (for press enquiries)</p>Wed, 23 Aug 2017 08:40:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=2
National Regulatory Authorities approve NEMO proposal to establish European Market Coupling Operator functions to further integrate day-ahead and intraday markets (the “MCO Plan”)<p>In April 2016, the NEMO Committee, representing all 17 NEMOs from across Europe, submitted the MCO Plan to all National Regulatory Authorities for approval under Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management (the “CACM Regulation”).</p>
<p>The MCO Plan provides how NEMOs will jointly set up and perform the MCO functions according to the CACM Regulation, necessary to connect day-ahead and intraday markets across the whole of Europe and provides clear and detailed rules and requirements that have been agreed upon among NEMOs. It will serve as the framework enabling the successful development and operation and of market coupling in all Member States in the years to come.</p>
<p>The approval of the MCO Plan represents a significant milestone in the implementation of the CACM Regulation and accomplishment of the Internal Energy Market. The NRAs ratification of the MCO Plan confirms:</p>
<ol>
<li>the adoption of Price Coupling of Regions (PCR) solution as the basis for pan-European single day-ahead coupling,</li>
<li>the adoption of the Cross-Border Intraday (XBID) solution as the basis for pan-European single intraday coupling,</li>
<li>the role of the NEMO Committee as the official body responsible to oversee the future establishment, development and operation of the MCO functions.</li>
</ol>
<p>During the following months, the NEMO Committee will provide the necessary oversight to coordinate and report on progress to implement the MCO Plan and to successfully establish the MCO functions. In addition, all NEMOs are dedicated to fulfil further obligations under the CACM Regulation to:</p>
<ol>
<li>finalise and implement the additional methodologies required by the CACM Regulation, that NEMOs submitted to all NRAs for approval in February 2017,</li>
<li>implement multi-NEMO arrangements, to support efficient and non-discriminatory operation where multiple NEMOs operate in the same bidding zone,</li>
<li>deliver projects, together with TSOs and stakeholders, to implement day-ahead and intraday coupling on a European-wide basis.</li>
</ol>
<p>On 12 July 2017, the NEMO Committee confirmed the appointment of Cosimo Campidoglio, current Head of Market Monitoring and Analysis at the Italian power exchange GME, as its new Chairperson. All NEMOs warmly thank the outgoing Chairperson, Andrew Claxton, for his significant contribution in establishing the NEMO Committee and fostering the wider cooperation among NEMOs.</p>
<p><strong>Contact</strong><br />Cosimo Campidoglio&nbsp;<br />Chairperson, NEMO Committee<br /><a href="mailto:In April 2016, the NEMO Committee, representing all 17 NEMOs from across Europe, submitted the MCO Plan to all National Regulatory Authorities for approval under Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management (the “CACM Regulation”). The MCO Plan provides how NEMOs will jointly set up and perform the MCO functions according to the CACM Regulation, necessary to connect day-ahead and intraday markets across the whole of Europe and provides clear and detailed rules and requirements that have been agreed upon among NEMOs. It will serve as the framework enabling the successful development and operation and of market coupling in all Member States in the years to come. The approval of the MCO Plan represents a significant milestone in the implementation of the CACM Regulation and accomplishment of the Internal Energy Market. The NRAs ratification of the MCO Plan confirms: 1. the adoption of Price Coupling of Regions (PCR) solution as the basis for pan-European single day-ahead coupling, 2. the adoption of the Cross-Border Intraday (XBID) solution as the basis for pan-European single intraday coupling, 3. the role of the NEMO Committee as the official body responsible to oversee the future establishment, development and operation of the MCO functions. During the following months, the NEMO Committee will provide the necessary oversight to coordinate and report on progress to implement the MCO Plan and to successfully establish the MCO functions. In addition, all NEMOs are dedicated to fulfil further obligations under the CACM Regulation to: 1. finalise and implement the additional methodologies required by the CACM Regulation, that NEMOs submitted to all NRAs for approval in February 2017, 2. implement multi-NEMO arrangements, to support efficient and non-discriminatory operation where multiple NEMOs operate in the same bidding zone, 3. deliver projects, together with TSOs and stakeholders, to implement day-ahead and intraday coupling on a European-wide basis. On 12 July 2017, the NEMO Committee confirmed the appointment of Cosimo Campidoglio, current Head of Market Monitoring and Analysis at the Italian power exchange GME, as its new Chairperson. All NEMOs warmly thank the outgoing Chairperson, Andrew Claxton, for his significant contribution in establishing the NEMO Committee and fostering the wider cooperation among NEMOs. Contact Cosimo Campidoglio Chairperson, NEMO Committee chairman@nemo-committee.eu">chairman@nemo-committee.eu</a></p>
<p><strong>NEMO Committee Members</strong></p>
<p>BSP Regional Energy Exchange LLC</p>
<p>Croatian Power Exchange Ltd.</p>
<p>EirGrid plc</p>
<p>EPEX SPOT SE</p>
<p>EPEX SPOT Belgium B.V.</p>
<p>EXAA Abwicklungsstelle fur Energieprodukte AG</p>
<p>Gestore dei Mercati Energetici S.p.A.</p>
<p>HUPX Hungarian Power Exchange Company Limited by Shares</p>
<p>Independent Bulgarian Energy Exchange EAD</p>
<p>LAGIE - Operator of Electricity Market S.A.</p>
<p>Nord Pool AS</p>
<p>OKTE a.s.</p>
<p>OMI - Polo Español S.A. (OMIE)</p>
<p>Operatorul Pieţei de Energie Electrică şi de Gaze Naturale “OPCOM” SA</p>
<p>OTE A.S.</p>
<p>SONI Limited</p>
<p>Towarowa Giełda Energii S.A.</p>
<p><strong>The NEMO Committee</strong> oversees the efficient management of the cooperation between NEMOs aiming to achieve the objective of and delivering the requirements set by the CACM Regulation. All NEMOs are part of the NEMO Committee.</p>
<p><strong>Price Coupling of Regions (PCR)</strong> is the initiative of 7 European Power Exchanges (EPEX SPOT, GME, Nord Pool, OMIE, OPCOM, TGE and OTE), to develop a single price coupling solution to be used to calculate electricity prices across Europe, and allocate cross-border capacity on a day-ahead basis. This is crucial to achieve the overall EU target of a harmonised European electricity market. The integrated European electricity market is expected to increase liquidity, efficiency and social welfare.</p>
<p><strong>Cross-border Intraday Market Project (XBID)&nbsp;</strong>is a joint initiative by the Power Exchanges (PXs): EPEX SPOT, GME, Nord Pool and OMIE together with the Transmission System Operators (TSOs) from 11 countries, to create an integrated intraday cross-border market. The single intraday market will enable continuous cross-border trading across the entire Europe.</p>
<p>You can download this press release in PDF format <a title="NEMO Committee Press Release 2017 07 21" href="/link/56ba7a956e034cf6b5b73a3aa79cb080.aspx" target="_blank">here</a>.</p>Mon, 24 Jul 2017 10:00:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=2
New Unified Nord Pool Rulebook<p>Nord Pool is pleased to announce the publication of a new unified rulebook for conducting business across our markets.</p>
<p>The new rulebook is published today, Monday 19<sup>th</sup> June - to provide members with the required two weeks’ notice of the intended change - and can be viewed <a href="/link/47764317a7174d21b9757febf2cd0a70.aspx" target="_blank">on our website</a>.&nbsp;</p>
<p>Currently members trade with us under our Nordic/Baltic and/or GB Rulebooks, covering our Nordic/Baltic, German (intraday only) and GB markets.</p>
<p>We have been working for some time to merge our existing rulebooks in order to better reflect the changing market and regulatory environment and to make trading for our customers more efficient, simple and secure.</p>
<p>Nord Pool's new unified rulebook will apply across all our markets – including those where we are a Nominated Electricity Market Operator (NEMO) under the Capacity Allocation and Congestion Management Regulation (CACM), and where Nord Pool has been granted ‘passported’ NEMO rights (such as in the Republic of Ireland and Northern Ireland).</p>
<p>The new rulebook is scheduled to go live on Monday 3<sup>rd</sup> July.</p>
<p>Existing members who have already signed a Participant Agreement prior to the coming-into-force of the new rulebook do not need to do anything. The existing Participant Agreement will continue to bind these members to the terms of the new rulebook from the date it comes into force.</p>
<p>One important change in the new rulebook is that a participant will be free to select either Norwegian, English or German law as the governing law for their Participant Agreement. The relevant selected governing law will then apply as between the participant and Nord Pool for all trading activity with us, irrespective of where such trades are to be delivered. A trade to be delivered in Germany by a UK registered company could be subject to Norwegian law under the terms of our rulebook.</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 19 June 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Camilla Berg, General Counsel: camilla.berg@nordpoolgroup.com or Stina Johansen,&nbsp;<span>Communications Director, Nord Pool, +47 916 50 603 (for press enquiries)</span></p>Mon, 19 Jun 2017 15:30:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=1
Nord Pool Annual Report now available<p>The 2016 Nord Pool Annual Report, entitled ‘Efficient, Simple, Secure’ is now available as a hard copy or to view <a href="/link/8bec7920f0a94d12a79efccd624ffc4f.aspx" target="_blank">on the Nord Pool website</a>.</p>
<p>The Report illustrates and analyses a year that was, in many ways, a turning point for Nord Pool, telling the story of the company’s development, expansion and ambition and giving voice to the satisfaction which, at year’s end, Nord Pool was delighted to receive from its customers; feedback scores among the best that Europe’s leading power market has ever seen.</p>
<p>Commenting on the release of the new Annual Report, Mikael Lundin, CEO at Nord Pool, said: “During 2016 Nord Pool pursued a firm strategic direction with a clearer understanding of what our customers across Europe not merely <i>expected</i>, but <i>demanded</i>, of us.</p>
<p>“It was a year that saw major investment of capital, time, resource and expertise in our technological abilities, yielding real results for the most important people in our business – our customers. And making our customers happy has had the welcome knock-on effect of allowing us to become experts in using and building technology.”</p>
<p>As the Annual Report explains, addressing the use and provision of technology – with the watchwords being: ease-of-use, reliability and intuitiveness – has been a key focus of progress for Nord Pool, resulting in the unveiling of new day-ahead, intraday and clearing systems, with a deliberately unified, Nord Pool ‘feel’.</p>
<p>Nord Pool’s 2016 Annual Report can be viewed <a href="/link/8bec7920f0a94d12a79efccd624ffc4f.aspx" target="_blank">online </a>or request a hard copy by contacting <a href="mailto:stina.johansen@nordpoolgroup.com">stina.johansen@nordpoolgroup.com</a>.</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 15 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 31 May 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen, Communications Director, Nord Pool, +47 916 50 603 (for press enquiries)</p>Wed, 31 May 2017 13:00:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=1
Transition from standard time to summer time (Daylight Saving Time) on Sunday, 26 March 2017<p>The transition to summer time takes place by setting the clock one hour ahead (from 02:00 am to 03:00 am CET) during the night of Sunday, 26 March (week 12). Sunday will have only 23 hours.</p>
<p><b>The day-ahead market (Elspot)</b></p>
<p>For handling of transition in Day Ahead Web, please see the <a href="http://dayaheadsupport.nordpoolspot.com/overview-and-graphics-on-dst">Day-Ahead Web support pages</a>.</p>
<p>For EDIEL see <a href="/link/46412deb03964838b8a6286799f17d28.aspx" target="_blank">enclosed description</a>.</p>
<p>For information about the API and DST, please see the API Developer Portal.</p>
<p><b>The intraday market (Elbas)</b></p>
<p>As a result of the transition to summer time there will only be 23 power hour series open for trading. In other words, there will not be a series PH-20170326-03 listed. Trading for all power hour series is closed one hour before delivery in Baltics and Nordics. In Germany, the gate closure is 0 min prior to physical delivery and in Netherlands 5 minutes prior to physical delivery. Trading for PH-20170326-04 will close at 01:00 CET in Baltics and Nordics, 03:00 CET in Germany, 01:55 CET in Netherlands and 00:44 GMT in UK.</p>
<p>For the German market areas time series QH-20170326-9 to QH-20170326-12 as well as HH-20170326-5 and HH-20170326-6 will not be available for trading.</p>
<p>For the UK market area time series HH-20170326-3 and HH-20170326-4 will not be available for trading and block products 2H-1B, 4H-B1, DB and DON will not contain hour 01:00.</p>
<p><b>About Nord Pool</b> <br /><span>Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.</span><br /><br /><span>Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</span></p>
<p>Lysaker, 17 March 2017</p>
<p><b>For further information, please contact:</b><br /> Trading desk, +47 67 10 91 10 or <a href="mailto:dayahead@nordpoolgroup.com">dayahead@nordpoolgroup.com</a></p>Fri, 17 Mar 2017 10:00:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=1
Nord Pool Brings Power Market Competition to Ireland<p>Nord Pool, Europe’s leading power market, is pleased to announce that it will launch a day-ahead auction and a continuous intraday power trading market in Ireland.</p>
<p>The ground was laid for the new Nord Pool markets by Ireland’s Commission for Energy Regulation’s approval of the company’s application to operate as a Nominated Electricity Market Operator (NEMO) for the island of Ireland.</p>
<p>Richard Sarti, Nord Pool’s Director for UK and Ireland, said: “This move into Ireland is a natural progression for Nord Pool, as we provide similar services in Great Britain. As a result, we will be able to offer greater value to our members and those participants who wish to transact in both the Irish and the GB markets, as they will benefit from using a single platform to trade intraday and a single platform to trade day-ahead.</p>
<p>“The ability to self-clear means that Nord Pool is able to offer a single location to trade, clear and settle physical transactions in the wholesale market, while at the same time keeping barriers to entry and costs low for participants.”</p>
<p>Nord Pool intends to launch its new market in line with the I-SEM (Irish Single Electricity Market) go live in 2018. In the meantime, Nord Pool will work with the Irish Transmission System Operator to establish multi-NEMO arrangements in line with EU legislation for the day-ahead and intraday markets. This will ensure that there is a level playing field for NEMOs to operate and provide participants with equal access to liquidity and interconnector capacity, irrespective of where they choose to trade.</p>
<p>Richard Sarti continued: “Nord Pool’s ability to self-clear means that we offer a simple, efficient and secure clearing model which allows a wide range of market participants to have direct access to our market. In addition, if participants chose to trade across the various markets that Nord Pool offers, their collateral can be netted, increasing efficiency and value to Nord Pool customers.”</p>
<p>Under the All Ireland project, the Republic of Ireland and Northern Ireland are currently in the process of redesigning the Irish Single Electricity Market (I-SEM) to comply with EU guidelines on Capacity Allocation and Congestion Management (CACM). Nord Pool pioneered the concept of coupling power markets, some 20 years ago, providing the foundation for the market coupling target model being pursued by the EU today.</p>
<p>Nord Pool has already secured 14 NEMO designations, encompassing; Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Great Britain, Latvia, Lithuania, Luxembourg, the Netherlands, Poland and Sweden.</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 13 March 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen, Communications Director, Nord Pool, +47 916 50 603 (for press enquiries)</p>Mon, 13 Mar 2017 13:05:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=1
IBEX and Nord Pool to launch intraday market for Bulgaria<p>Independent Bulgarian Energy Exchange EAD (IBEX) and Nord Pool, Europe’s leading power market, have today (Wednesday 1<sup>st</sup> March 2017) announced the signing of an agreement to create the first competitive and transparent Bulgarian intraday power market.</p>
<p>After successfully cooperating on the implementation of the Bulgarian day-ahead market in 2016, the two companies today made an important further step forward in the development of the Bulgarian power market, by launching the implementation of the country’s intraday market.</p>
<p>IBEX and Nord Pool are planning to complete intraday market implementation in Q4 of 2017 – exact go-live will be announced later.</p>
<p>Konstantin Konstantinov, CEO of IBEX, said: “After a very successful first year of operations for the day-ahead market, and being very satisfied from our strategic partnership with Nord Pool, we are confident that our next step towards the development of the Bulgarian power market will continue this positive trend. We are sure that we will meet the needs and requirements of all market players in Bulgaria, with this new market opportunity completing the IBEX portfolio and adding substantial value to our services.</p>
<p>“I would like to assure our members and all other involved parties that we will keep working hard and with enthusiasm in the right direction. Counting on the support and expertise of our partners at Nord Pool, and working with all our members, together we will experience the satisfaction of a job well done by the end of 2017.”</p>
<p>Mikael Lundin, CEO of Nord Pool, added: “We are delighted to have been chosen to deliver our modern platforms for IBEX and to assist Bulgaria in the country’s pursuit of modern, transparent, and secure power trading markets. We will continue to build on our previous excellent experience working with IBEX to deliver the intraday platform that Bulgaria needs and to strengthen our mutual cooperation.”</p>
<p>The successful launch of a continuous trading market is a necessary precondition for Bulgaria’s power market to join XBID, the common European cross-border intraday coupling project.</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 1 March 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen, Communications Director, Nord Pool, +47 916 50 603 (for press enquiries)</p>Wed, 01 Mar 2017 12:00:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=0
Nord Pool launches new mobile app<p>Nord Pool, Europe’s leading power market, has today (Tuesday 7 February) announced the launch of a new mobile app providing key daily data for its highly successful day-ahead trading platform.</p>
<p>The free iOS app, which will be closely followed by an android version, is the first mobile offering for Nord Pool’s traders, providing them with daily prices on the move.</p>
<p>The app, which is <a href="https://itunes.apple.com/gb/app/nord-pool/id1169370462?mt=8" target="_blank">available to download from the App Store</a>, allows users instant access to day-ahead prices, with push notifications when prices are published. It also lets them view graphs highlighting the maximum, minimum and average prices, to scrutinise an hourly price table, and check prices in the currency of their choice.</p>
<p>Nord Pool’s Chief Technology Officer Chris Whellams said: “At Nord Pool our goal is to deliver efficient, simple, and secure trading for our very diverse range of customers across Europe, regardless of their size or where they trade from.&nbsp;</p>
<p>“Our new app for mobile devices makes it easier for busy traders to follow the important Nord Pool day-ahead auction.&nbsp;In fact, anyone can use our free app for instant access to day-ahead prices, notification of when prices are published and hour-by-hour market details – all the vital data, just a touch away.</p>
<p>“We were pleased to partner with bespoke software consultancy Scott Logic to deliver this important project.”</p>
<p>The app was launched at E-world, the energy and water conference in Essen, Germany.</p>
<p>Nord Pool chose to work with Scott Logic on the mobile app project due to the level of “<a href="http://www.scottlogic.com/case-studies/transforming-customer-experience-in-power-markets/" target="_blank">quality, consistency and dedication</a>” delivered throughout the two companies’ longstanding relationship. Scott Logic also helped Nord Pool to create the HTML5 based version of the company’s trading platform, Day Ahead Web, which replaced its previous offering.</p>
<p>Scott Logic adopts an Agile approach, allowing it to design and build unique and robust cutting-edge software that exceeds client expectations, helping them and their customers to interact confidently in the evolving digital landscape.</p>
<p>Colin Eberhardt, Scott Logic’s Technology Director, added: “When taking complex applications and moving them to mobile, it’s important to distil the&nbsp;features down to a minimum, focusing on those that make the most sense on the move.</p>
<p>“We were excited to work with Nord Pool on this app, creating something that is simple, effective and beautiful.”</p>
<p>For more information on Nord Pool, visit <a href="/link/82203c7381994a7ab97e9b6cc6f963f1.aspx">nordpoolgroup.com</a>. And for more information on Scott Logic and its services, visit <a href="http://www.scottlogic.com/" target="_blank">scottlogic.com</a>.&nbsp;</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 7 February 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen, Communications Director, Nord Pool, +47 916 50 603 (for press enquiries)<br />Jule Wilson, Chart.PR, Marketing Communications Manager, Scott Logic,&nbsp;+44 333 101 0020</p>Tue, 07 Feb 2017 13:00:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=0
Strong volumes foundation for expansion – Nord Pool 2016<p>Nord Pool, Europe’s leading power market, has announced its traded volume figures for 2016, including new volume records in the Nordic and Baltic, and UK, markets.</p>
<p>During 2016, a total of 505 TWh of power was traded, encompassing a new Nordic and Baltic day-ahead market trading record (391 TWh), the Nordic, Baltic and German intraday market (5.1 TWh) and day-ahead trading in the Nord Pool UK power market (109 TWh). A total of 380 members are active at Nord Pool, trading from 20 countries.</p>
<p>Welcoming the strong volumes recorded across Nord Pool markets in 2016, Mikael Lundin, Nord Pool CEO, said: “2016 showed that our determination to innovate and unify our trading platforms for all markets, products and services, delivered what our customers demanded of us. As we enter an era of greater power exchange competition across Europe, achieving such strong numbers is both reassuring and encouraging.</p>
<p>“Our work throughout 2016 was driven with one goal – to deliver efficient, simple and secure trading for our very diverse range of customers, regardless of their size or location. With that in mind the year saw extended trading in the German intraday market; the advent of a single Nord Pool day-ahead and intraday platform for trading, as well as consolidated clearing, across markets; and new REMIT reporting services. We have been designated as a NEMO in 14 European countries, encompassing the whole of the central European region and giving a strong base from which to grow in 2017 and beyond.”</p>
<p>The Nordic and Baltic day-ahead market saw strong numbers as volumes increased to 391 TWh, up from last year’s 374 TWh. The average system price in the Nordics during the year stands at 26.91 EUR/MWh.</p>
<p>The first two months of 2016 saw record daily and weekly traded day-ahead volumes for both the Nordic and Baltic market, and that in the UK. In the Nordic and Baltic market the week of 18-24 2016 January saw volumes reach 10.2 TWh, the highest weekly volume traded in the market’s history, with Wednesday 20 January 2016 seeing an all-time high daily volume of 1.55 TWh. In the UK day-ahead market an all-time high of 510 GWh was reached on Monday 22 February 2016.</p>
<p>Nord Pool’s extended reach was evidenced during 2016 by the company’s delivery of modern and transparent power exchanges for Bulgaria and Croatia, with the year ending with the announcement of plans, alongside the Croatian Power Exchange Ltd (CROPEX), to create the first competitive Croatian intraday power market.</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2016 Nord Pool had a total turnover of 505 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 12 January 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Thu, 12 Jan 2017 10:30:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2017&i=0
Launch of Nord Pool Clearing and Settlement System (CASS) on 17 January<p>Nord Pool is pleased to offer all members in our Nordic, Baltic and German markets access to our new and efficient web-based Clearing and Settlement System (CASS) from 17 January, 2017. With this launch, all Nord Pool markets will be included in our CASS platform (the system was successfully rolled-out in our UK market during autumn 2016).</p>
<p>Announcing the new product offering, Mikael Lundin CEO at Nord Pool, commented: “We are constantly striving to innovate in our product offering, to simplify life for our customers across Europe and to provide them with fast, modern, cost-efficient trading – regardless of their size or location.”</p>
<p>With the new CASS platform Nord Pool gives its members a single web-based clearing and settlement interface where customers can easily follow the entire transaction lifecycle from trade to invoice, in one, easy-to-use system.&nbsp;&nbsp;</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 3 January 2017</p>
<p><b>For further information, please contact:</b>&nbsp;<br />Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Tue, 03 Jan 2017 15:10:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=4
No. 34/2016 - Luxembourg 14th NEMO for Nord Pool<p>Nord Pool, Europe’s leading power market, has today, Thursday 15&nbsp;December, confirmed its appointment as a Nominated Electricity Market Operator (NEMO) in Luxembourg.</p>
<p>This latest NEMO appointment marks the 14th such designation for Nord Pool, confirming the company’s strong commitment to expanding across Europe, and signifying its success in meeting the new Network Guidelines on Capacity Allocation and Congestion Management (CACM), which came into force on 14&nbsp;August 2015.</p>
<p>Nord Pool’s 13 other NEMO appointments cover Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Great Britain, Latvia, Lithuania, the Netherlands, Poland and Sweden.</p>
<p>The concept of market coupling was originally developed by Nord Pool and has been successfully implemented in the Nordic and Baltic market over the last 20 years. As a designated NEMO under CACM, Nord Pool will continue to have responsibility for a variety of roles with regards to market coupling across European markets. The CACM code sets the rules for cross-border electricity trading in Europe. It covers cross-border capacity allocation in the day-ahead and intraday time frames, rules for congestion management and methods for calculating capacity across bidding zones.&nbsp;</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 15 December 2016</p>
<p><b>For further information, please contact:</b>&nbsp;<br /><span>Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</span></p>Thu, 15 Dec 2016 10:15:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=4
No. 32/2016 - Short-term adjustment of collateral requirements during Christmas<p>Nord Pool gives notice that the collateral requirements for power contracts will be increased during the Christmas period. The adjustment is in accordance with the Standard Terms for Trading and Clearing in Nord Pool’s Day-ahead and Intraday markets.</p>
<p>The adjustment is made in order to cover the period of non-clearing days during Christmas.</p>
<p>The adjusted collateral requirements will be increased by two days and will be calculated based on nine days’ net purchase.</p>
<p>The collateral requirements must be posted by 11:00 CET on Friday 16 December 2016.</p>
<p>The collateral requirement will be reduced to seven days’ net purchase on Tuesday 3 January 2017.&nbsp;</p>
<p><strong>About Nord Pool</strong><br /><span>Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.</span><br /><br /><span>Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 14 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</span></p>
<p>Lysaker, 12 December 2016</p>
<p><b>For further information, please contact:</b>&nbsp;<br /> <a href="mailto:clearing@nordpoolgroup.com">clearing@nordpoolgroup.com</a></p>Mon, 12 Dec 2016 13:15:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=4
No. 31/2016 - Launch of new UMM system<p>Nord Pool will launch our new UMM system on Wednesday December 14, 2016. The new UMM system has been re-branded REMIT UMM to better reflect the new REMIT reporting functionality to ACER´s REMIT database.</p>
<p>At 14:00 CET on December 14 there will be a 20 minute service break before the new REMIT UMM application is accessible. The new system will use the same URL as the current UMM system: <a href="http://umm.nordpoolgroup.com/" target="_blank">http://umm.nordpoolgroup.com/</a>.</p>
<p>During the service break it will not be possible to publish any urgent market messages. For more detailed release information, please visit:&nbsp;<a href="http://nordpoolgroup.com/services/umm/" target="_blank">http://nordpoolgroup.com/services/umm/</a>.<a id="_anchor_1" href="#_msocom_1"></a></p>
<p>The new REMIT UMM system provides full compliance on publishing inside information as set out in REMIT, and reporting of information as set out in the Transparency Regulation. This also includes forwarding data to ENTSO-E and ACER. For user documentation and FAQ on the new system please visit the <a href="http://nordpoolgroup.com/services/umm/remit-umm-help-page/" target="_blank">REMIT UMM help page</a>.</p>
<p>All historical UMMs will be migrated to the new system.</p>
<p>All UMM-publishing companies will receive login credentials to the new REMIT UMM system prior to the launch day. <br /> <br /> <strong>About Nord Pool</strong><br /> Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /> <br /> Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 13 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 8 December 2016</p>
<p><b>For further information, please contact:<br /></b><a href="mailto:support@nordpoolgroup.com" target="_blank">support@nordpoolgroup.com</a></p>Thu, 08 Dec 2016 14:15:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=3
No. 30/2016 - CROPEX and Nord Pool announce development of Croatian intraday market<p><span style="background-color: transparent;">Croatian Power Exchange Ltd (CROPEX) and Nord Pool, Europe’s leading power market, have today (Monday 28</span><span style="background-color: transparent;">&nbsp;November 2016) announced the signing of an agreement to create the first competitive Croatian intraday power market.</span></p>
<p>Successful cooperation between the two power exchanges started with the implementation of the Croatian day-ahead market, which has been operational since 10&nbsp;February 2016. Today both exchanges have made an important step forward to develop a Croatian intraday market.&nbsp;</p>
<p>The launch of a continuous market is a necessary precondition for Croatia’s participation in XBID, the European cross-border intraday coupling project.</p>
<p>According to the agreed project timetable, the Croatian intraday market is planned to become operational in the first quarter of 2017, with the exact go-live date to be announced.</p>
<p>Silvio Brkić, CEO of CROPEX, said: “Following the successful launch of the Croatian Day Ahead Market in February 2016 and our consistent work to create a fully liberalised and transparent Croatian power market, we in CROPEX are proud to announce the prospect of an operational intraday market for Q1 2017. &nbsp;</p>
<p>“This offers, among other benefits for current and new CROPEX members, the crucial step of accommodation and continuous trading of significant intermittent renewable production offered to the Croatian power market. That will create a market framework for the integration of intraday liquidity across Croatian-EU borders.</p>
<p>“We are especially happy to have further strengthened our established strategic cooperation with Nord Pool.”</p>
<p>Mikael Lundin, CEO of Nord Pool, added: “At Nord Pool we are delighted to have been able to build on our relationship of trust and understanding with CROPEX to not only jointly establish a modern and transparent day-ahead market but, now, a secure and efficient intraday market too.</p>
<p>“Nord Pool is pleased to be pioneering, with CROPEX, Croatia’s integration into the pan-European energy market.”</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 13 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 28 November 2016</p>
<p><strong>For further information, please contact:<br /></strong>Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Mon, 28 Nov 2016 10:00:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=3
No. 29/2016 - Changes to Operational Messages<p><span>From Wednesday 7 December Nord Pool will be simplifying and consolidating its system of important Operational Messages.</span></p>
<p><span>Nord Pool’s ‘Preliminary Prices’ and ‘Prices Confirmed’ daily messages will be removed, with prices simply published at 12.42 CET.&nbsp;In the unlikely event of prices not being published as scheduled, customers will receive an appropriate warning message.&nbsp;In addition, customers will be able to see prices confirmed in the price box on the front page of our website –<span class="apple-converted-space">&nbsp;</span></span><span><a href="http://www.nordpoolgroup.com" target="_blank"><span>nordpoolgroup.com</span></a></span><span>&nbsp;</span></p>
<p><span>Messaging within the Nordic/Baltic market will, from Wednesday 7 December at 14.00, also be merged with that for our UK market – meaning that just one set of operational messages will be distributed across all Nord Pool markets.</span></p>
<p><span>Our operational messaging system covers all important communication related to operations in our markets. This includes, for example, delays in processes such as those arising from European market coupling; issues in the trading systems or market; and planned downtime of the trading platform. Operational Messages cover both our day-ahead and intraday markets.</span></p>
<p><span>We recommend all participating within our markets to subscribe to these messages. If you already get these messages, there is no need to do anything.</span></p>
<p><span>To subscribe to these messages simply fill out your e-mail address<span class="apple-converted-space">&nbsp;</span></span><span><a href="http://www.nordpoolgroup.com/message-center-container/nordicbaltic/Operational-Message-List" target="_blank"><span>here</span></a></span><span>.&nbsp; You will always find the latest<span class="apple-converted-space">&nbsp;</span></span><span><a href="http://www.nordpoolgroup.com/message-center-container/nordicbaltic/Operational-Message-List" target="_blank"><span>Operational Messages</span></a></span><span class="apple-converted-space"><span>&nbsp;</span></span><span>on our website as well.</span></p>
<p><strong><span>About Nord Pool</span></strong><span><br /> Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /> <br /> Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 13 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</span></p>
<p><span>Lysaker, 21 November 2016</span></p>
<p><strong><span>For further information, please contact:</span></strong><span><br /> Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</span></p>Mon, 21 Nov 2016 14:50:00 +0100http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=3
No. 28/2016 - Transition from summer time (daylight saving time) to standard time on Sunday, 30 October 2016<p>The transition from summer time (daylight saving time) to standard time takes place by setting the clock one hour back (from 03:00 am to 02:00 am CET) during the night of Sunday, 30 October (week 43). Sunday will have 25 hours.</p>
<p><b>The Day-ahead market (Elspot)</b><br /> For handling of transition in Day-ahead Web, please see the<a href="http://dayaheadsupport.nordpoolspot.com/overview-and-graphics-on-dst-long" target="_blank">&nbsp;Day-ahead Web support pages</a>.&nbsp;<br /> For EDIEL see&nbsp;<a href="http://nordpoolgroup.com/globalassets/archive/change-to-summer-time.pdf" target="_blank">enclosed description</a>.<span style="text-decoration: underline;"><br /> </span>For information about the API and DST, please see the API Developer Portal.</p>
<p><b>The intraday market (Elbas)<br /> </b>As a result of the transition to standard time there will be additional series listed corresponding to the latter hour between 02:00 am - 03:00 am CET. It is possible to trade all series until the relevant closing time per area before the beginning of the delivery period.</p>
<p>Tables showing the correct DST naming, delivery start/end and gate closure for all areas, is found <a href="/link/5c7d23191518411b81efdc950e0bb833.aspx" target="_blank">here</a></p>
<p><br /> <strong>About Nord Pool</strong><br /> Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /> <br /> Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 13 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 24 October 2016</p>
<p><b> For further information, please contact:</b><br /> Trading desk, +47 67 10 91 10 or&nbsp;<a href="mailto:elspot@nordpoolgroup.com" target="_blank">elspot@nordpoolgroup.com</a></p>Mon, 24 Oct 2016 11:10:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=3
No. 27/2016 - Changes to the Market Conduct Rules<p>With effect from 15 October 2016, Nord Pool is changing its Market Conduct Rules.</p>
<p>Until now it has been an obligation for all Nord Pool members to ensure that inside information that is published according to REMIT, is published through Nord Pool’s UMM system.</p>
<p>This requirement has now been clarified to include the <a href="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:163:0001:0012:EN:PDF" target="_blank">Transparency Regulation Article 7, 10 and 15</a>&nbsp;– though only for information relating to the Nordic and Baltic electricity market. All affected Nord Pool members are already using our UMM system for this purpose, but from 15 October this will be clearly set out in the Market Conduct Rules.</p>
<p>In addition, the specific disclosure requirements for Norway have been updated in order to align them with the requirements set out in the Manual of Procedures on data reporting under REMIT.</p>
<p>The new Market Conduct Rules can be found <a href="/link/0d5c835c2dff4380ad164412034ba16d.aspx" target="_blank">here</a>, while a version showing specific changes can be viewed <a href="/link/1d73868e5219482b945a533b4051e1f7.aspx" target="_blank">here</a>.</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.</p>
<p>Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 13 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 30 September 2016</p>
<p><strong>For further information, please contact:</strong><br />Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Fri, 30 Sep 2016 10:20:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=3
No. 26/2016 - 10 More Minutes trading in the German intraday market from 28 September<p>Nord Pool is improving its German intraday offering with shortened Gate Closure Time (GCT).<br /> <br />From Wednesday 28 September (delivery date 29 September) Nord Pool customers will be able to trade across the different German TSOs areas until 20 minutes before delivery – reduced from 30 minutes. <br /><br />After the new 20 min GCT, orders will remain available in the TSO area in which they have been entered, only expiring at the time of delivery. <br /><br />Announcing the new offering, Pietro Rabassi, Nord Pool’s Director Central European Markets, commented: “Extending trading across all German TSO areas by reducing gate closure to only 20 minutes allows many more opportunities for intraday trading across the German market. We believe those extra 10 minutes provide important added value for traders. We have listened to our customers and worked hard to offer this innovation for the German intraday market as quickly as possible.”</p>
<p><strong>About Nord Pool</strong><br />Nord Pool, Europe’s leading power market, delivers efficient, simple and secure trading across Europe. The company offers day-ahead and intraday trading, clearing and settlement to customers regardless of size or location. Today 380 companies from 20 countries trade on Nord Pool’s markets.<br /><br />Nord Pool operates markets in the Nordic and Baltic regions, Germany and the UK, and is a Nominated Electricity Market Operator (NEMO) in 13 European countries, while also servicing power markets in Poland, Croatia and Bulgaria. In 2015 Nord Pool had a total turnover of 489 TWh traded power. The company has offices in Oslo, Stockholm, Helsinki, Tallinn and London.</p>
<p>Lysaker, 13 September 2016</p>
<p><strong>For further information, please contact:</strong><br />Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Tue, 13 Sep 2016 10:30:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=1
No. 24/2016 – Amendments to Nord Pool’s Rule Book<p>From 7 June 2016 there will be some changes to the services offered for trading in the Elspot day-ahead market. <br /> <br />• Possibility to link Block Orders for buy and sell together. Currently sales orders may only be linked to sales orders and buy orders to buy orders.<br />• Number of price steps allowed in Single Hourly Orders will be 200 per day. <br /> <br />As of 7 June 2016, amendments related to these changes will be implemented in Nord Pool’s Rule Book. This concerns: <br /> <br />• Trading Appendix 1 – <a href="/link/2d5602f35db94ebfbc4231437499ef2d.aspx" target="_blank">Definitions </a><br />• Trading Appendix 3 –<a href="/link/b4d4e766747c4e359ec22f58d3a06e12.aspx" target="_blank"> Product Specifications</a><br /> <br />The amendments are specified in the enclosed<a href="/link/fcf1bb37ed5547828433f9675d21acd3.aspx" target="_blank"> presentation</a><br /> <br />As stated, these amendments will take effect from 13 June 2016 for delivery day 14 June 2016.</p>
<p><strong>About Nord Pool</strong> <br />Nord Pool operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2015 the group had a total turnover of 489 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Tallinn and London. Nord Pool strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.</p>
<p>Lysaker, 27 May 2016</p>
<p><strong>For further information, please contact:</strong><br />Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Fri, 27 May 2016 14:00:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=1
No. 23/2016 - Nord Pool confirmed as NEMO in Poland<p>Nord Pool, Europe’s leading power market, has today (Tuesday 26 April), confirmed its appointment as a Nominated Electricity Market Operator (NEMO) in Poland.</p>
<p>The Polish NEMO appointment marks the thirteenth such designation and signifies Nord Pool’s ability to meet the new Network Guidelines on Capacity Allocation and Congestion Management (CACM), which came into force on 14 August 2015.</p>
<p>Nord Pool previously announced 12 other NEMO appointments, covering Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Great Britain, Latvia, Lithuania, the Netherlands and Sweden.</p>
<p>The CACM code sets the rules for cross-border electricity trading in Europe. It covers cross-border capacity allocation in the day-ahead and intraday time frames, rules for congestion management and methods for calculating capacity across bidding zones. As a designated NEMO under CACM, Nord Pool will have responsibility for a variety of roles with regards to market coupling.</p>
<p><strong>About Nord Pool</strong> <br />Nord Pool operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2015 the group had a total turnover of 489 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Tallinn and London. Nord Pool strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.</p>
<p>Lysaker, 26 April 2016</p>
<p><strong>For further information, please contact:</strong><br />Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Tue, 26 Apr 2016 10:30:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=1
No. 22/2016 - Nord Pool successfully launches REMIT OTC reporting<p>Nord Pool, Europe’s leading power market, is happy to announce a successful first week for its full REMIT OTC Reporting <span>S</span>ervice, to ACER.&nbsp;The company’s OTC <span>s</span>ervice went live on Thursday 7 April, when REMIT Article 8 on reporting OTC contracts came into force, and has since been successfully sending transaction reports to ACER.</p>
<p>REMIT Article 8 creates an obligation on all market participants to report standard and non-standard bilateral contracts<span> regarding </span>electricity and natural gas supply.&nbsp;Nearly 300 customers have signed up to Nord Pool’s <span>different </span>REMIT reporting services, so far.</p>
<p>Nord Pool’s REMIT OTC Reporting Service is the most recent expansion of the company’s established REMIT <span>reporting services</span>, giving <span>market participants</span> the benefit of meeting all their REMIT reporting obligations through a single service. The OTC service is flexible and can be customised to deliver simple, direct and efficient reporting, giving customers full oversight of the reporting process and easy access to all report and receipts files.</p>
<p>The OTC service incorporates an API, with OTC services automatically forwarding required data to ACER for customers using Nord Pool as a Registered Reporting Mechanism (RRM), and access to the Nord Pool OTC Portal, where customers using Nord Pool as a third party RRM can <span>register their contracts and submit</span> <span>these to</span> ACER.</p>
<p>To find out more about REMIT reporting services through Nord Pool, see our <a href="/link/6e750bbfb62f420cbcb282834f604c44.aspx" target="_blank">REMIT page</a>&nbsp;or contact <a href="mailto:remit.support@nordpoolgroup.com">remit.support@nordpoolgroup.com<br /></a><b><a href="mailto:remit.support@nordpoolgroup.com"><br /></a></b></p>
<p><strong><span style="line-height: 1.4; background-color: transparent;">Background<br /></span></strong><span style="line-height: 1.4; background-color: transparent;">The REMIT regulation came into force in 2011 and from 7 October 2015, market participants were required to commence reporting of standard contracts to ACER via a Registered Reporting Mechanism (RRM). From April 2016, reporting of OTC transactions has been required. REMIT comes under regulation No 1227/2011 of the wholesale energy market integrity and transparency regulation. Its purpose is to prohibit abusive practices affecting wholesale energy markets. The regulation lays out a monitoring framework under which participants are obliged to provide ACER with a record of their wholesale energy market transactions, including orders to trade, through an RRM. The regulation requires market participants to register with a National Regulatory Authority (NRA), and during this process to name which RRM they intend to use.</span></p>
<p><strong><br />About Nord Pool</strong>&nbsp;<br />Nord Pool operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2015 the group had a total turnover of 489 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Tallinn and London. Nord Pool strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.</p>
<p>Lysaker, 15 April 2016</p>
<p><strong>For further information, please contact:</strong><br />Stina Johansen, Communications Director, +47 916 50 603 (for press enquiries)</p>Fri, 15 Apr 2016 14:30:00 +0200http://nordpoolgroup.com/message-center-container/newsroom/exchange-message-list/#?y=2016&i=1
No. 21/2016 - Transition from standard time to summer time (daylight saving time) on Sunday, 27 March 2016<p>The transition to summer time takes place by setting the clock one hour ahead (from 02:00 am to 03:00 am) during the night of Sunday, 27 March (week 12). Sunday will have only 23 hours.</p>
<p><strong>The Day-ahead market (Elspot)</strong><br />For handling of transition in Day-ahead Web, please see the <a href="http://dayaheadsupport.nordpoolspot.com/overview-and-graphics-on-dst">Day-ahead Web support pages</a>.<br />For EDIEL see <a href="/link/a054c91a946242c4bbdb6496c950c1de.aspx">enclosed description</a></p>
<p><strong>The intraday market (Elbas)</strong><br />As a result of the transition to summer time there will only be 23 power hour series open for trading. In other words, there will not be a series PH-20160327-03 listed. Trading for all power hour series is closed one hour before delivery in Baltics and Nordics. In Germany the gate closure is 0 min prior to physical delivery and in Netherlands 5 minutes prior to physical delivery. Trading for PH-20160327-04 will close at 01:00 CET in Baltics and Nordics, 03:00 CET in Germany and 01:55 CET in Netherlands.<br />For the German market areas time series QH-20160327-9 to QH-20160327-12 as well as HH-20160327-5 and HH-20160327-6 will not be available for trading.</p>
<p><strong>About Nord Pool</strong> <br />Nord Pool operates Europe’s leading power markets, offering both day-ahead and intraday trading to its members. 380 companies from 20 countries trade on Nord Pool’s markets in the Nordic and Baltic regions, and on our UK market N2EX. In 2015 the group had a total turnover of 489 TWh traded power. Our markets are operated from offices in Oslo, Stockholm, Helsinki, Tallinn and London. Nord Pool strives continually to strengthen its business by working with integrity, together with members and stakeholders, to achieve excellence.</p>
<p>Lysaker, 18 March 2016</p>
<p><strong>For further information, please contact:</strong><br />Trading desk, +47 67 10 91 10 or <a href="mailto:elspot@nordpoolgroup.com">elspot@nordpoolgroup.com</a></p>Fri, 18 Mar 2016 11:40:00 +0100